Adx Energy Ltd · ASX:ADX

Adx Energy — Shareholder Meeting (June 2020)

14 slides from Adx Energy's shareholder meeting presentation, Jun 26, 2020

  1. Slide 1: ADX Energy Ltd – AGM Presentation

    26 June 2020 For personal use only ADX Energy Ltd – AGM Presentation A European focussed energy producer (ASX:ADX) 1

  2. Slide 2: Disclaimer Statement (1)

    DISCLAIMER STATEMENT (1) Important Notice This document has been prepared by ADX Energy Ltd for the purpose of providing information to interested analysts/investors and shareholders. Any For personal use only statements, opinions, projections, forecasts or other material contained in this document

  3. Slide 3: Disclaimer Statement (2)

    DISCLAIMER STATEMENT (2) PRMS Reserves Classifications used in this Report For personal use only Developed Reserves are quantities expected to be recovered from existing wells and facilities. Developed Producing Reserves are expected to be recovered from completion intervals that are open and produc

  4. Slide 4: Corporate Overview

    CORPORATE OVERVIEW A European focussed energy producer (ASX:ADX) Financial information Directors For personal use only Share price (22 June 2020) A$0.008 Ian Tchacos (Executive Chairman) Number of shares 1,711 m • Located Perth; petroleum engineer; production operations, Number of Options 255m comme

  5. Slide 5: Asset Overview

    ASSET OVERVIEW Key Asset Attributes For personal use only  Production, development, appraisal and exploration assets onshore & offshore Europe.  Pro - development jurisdictions, favourable fiscal terms, access to infrastructure & high energy pricing. Gaiselberg & Zistersdorf Oil Field (100% owned)

  6. Slide 6: Recent Highlights

    RECENT HIGHLIGHTS A transformational period – first steps towards becoming a material European producer For personal use only Purchase Zistersdorf Oil Field, Vienna Basin  Purchased low decline 320 BOPD at 1 year cash flow  ADX is now one of the only 3 operators in Austria  Collaborative transact

  7. Slide 7: Investment Overview

    INVESTMENT OVERVIEW Focus on becoming a leading onshore European producer and explorer targeting rapid returns on investment and cashflow growth. For personal use only STABLE PRODUCTION BASE Production Gaiselberg and Zistersdorf Fields, Austria  Acquisition of 100% of the Zisterdorf and Gaiselberg

  8. Slide 8: Operating Capability

    OPERATING CAPABILITY Organisation Structure Excellent platform for growth For personal use only established in Europe as producer, developer and explorer Australia with experienced personnel on Corporate Head Office the ground Corporate, • ADX only third production operator in Admin & Accounting Res

  9. Slide 9: Key Assets - Zistersdorf Field, Austria

    KEY ASSETS - ZISTERSDORF FIELD, Austria For personal use only  100% Equity purchased from RAG Austria AG (RAG) in December 2019 MAP OF AUSTRIAN OIL & GAS INFRASTRUCTURE  Acquisition price @ EUR 2.2 per boe Zistersdof & of 2P reserve and circa 1x EBITDA Gaiselberg  Low emission production from sta

  10. Slide 10: Key Assets - Parta Appraisal Project, Romania

    KEY ASSETS - PARTA APPRAISAL PROJECT, Romania IMIC-1 Well  49.2% operated interest For personal use only READY FOR PRODUCTION TEST X SECTION SHOWING SUCCESSFULL  Appraisal activities funded by IMIC-1 WELL & PLANNED IMIC-2 WELL Reabold Resources Plc PROVEN GAS TARGETS FROM 1600 TO 2200 METERS  Exp

  11. Slide 11: Growth - Exploration & Appraisal, Upper Austria

    GROWTH - EXPLORATION & APPRAISAL, Upper Austria FOCUS ON TWO AREAS PROVIDING A BALANCED OIL & GAS PORTFOLIO CLOSE For personal use only TO INFRASTRUCTURE  Exclusive rights to data for 5years, including 3D seismic with $100 million replacement value.  Low risk appraisal and high impact exploration

  12. Slide 12: Summary of Strategic Objectives

    SUMMARY OF STRATEGIC OBJECTIVES Hedging Strategy: Prudent protection of downside during period of oil price volatility through For personal use only hedging part of Gaiselburg and Zistersdorf production at above US$ 50 per barrel (Brent). Gaiselberg & Zistersdorf fields: Build reserves and productio

  13. Slide 13: 2020 Planned Activities

    2020 Planned Activities  Independent Reserves Review Results Reserves & Production Growth For personal use only Zistersdorf Field  Bottom up review with new 3D seismic data set Vienna Basin, Austria  Pursue large undeveloped appraisal potential Well testing, 3D Seismic & Appraisal  Test IMIC – 1

  14. Slide 14: For personal use only

    For personal use only Executive Chairman: Ian Tchacos email: ian.tchacos@adxenergy.com.au Chief Executive: Paul Fink email: Paul.Fink@adx-energy.com Finance Manager and Company Secretary: Amanda Sparks email: amanda.sparks@adxenergy.com.au adx-energy.com 14

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